Salary Negotiation Tips for Over $100k Jobs
- 13 years ago
Salary Negotiation for Over $100k Jobs - as part of the expert series by GeoBeats.
When executives are negotiating their salary, it is important to do some homework before hand. First and foremost, know your market value. The value that you will be paid for a position is directly correlated to what the market will bear. So do some benchmarking to better understand what you may earn in a particular position.It is not based on what your past salary is, it is what the current going rate is for that particular position.
Also know your priorities. Know what is most important to you. Is it your salary, is it the benefits package, is it the type of work you will be doing. Once you know what is a priority and what you won't give up, you will be much better prepared to negotiate in the process.
When executives are negotiating their salary, it is important to do some homework before hand. First and foremost, know your market value. The value that you will be paid for a position is directly correlated to what the market will bear. So do some benchmarking to better understand what you may earn in a particular position.It is not based on what your past salary is, it is what the current going rate is for that particular position.
Also know your priorities. Know what is most important to you. Is it your salary, is it the benefits package, is it the type of work you will be doing. Once you know what is a priority and what you won't give up, you will be much better prepared to negotiate in the process.